📊 General Overview
- The stock is currently trading at $50.07, showing a -1.79% daily loss.
- The price is moving within an ascending channel (orange dotted lines), suggesting a long-term uptrend.
- A strong rebound since the April 2025 bottom stands out, with a 76.37% rise from lows.
🔍 Chart Patterns & Indicators
🟥 Resistance Zones and Price Targets
- The $55 range (pink zone) is acting as a strong resistance.
- A breakout above this zone may repeat the previous move upward ($23.84 gain / +41.97%), targeting the $80 level.
🔻 Reverse Head and Shoulders Recovery Pattern
- The sharp drop and rapid rebound formed a V-bottom, often signaling strong reversals and bullish momentum.
- This is reinforced by increasing higher lows since April.
📈 Ascending Channel
- The price is clearly respecting the ascending channel boundaries.
- The lower orange dotted line acts as dynamic support, while the upper line may - define the next ceiling near $95–100.
📊 MACD Indicator (Momentum)
- The MACD lines are about to cross upward in the positive region—an early bullish momentum signal.
- However, a yellow warning symbol indicates possible caution due to increased volatility or overbought conditions.
🎯 Strategy & Expectations
- The $50–55 area is a critical resistance zone to watch.
- A successful breakout above $55 could technically extend the move toward $80.
- Confirmation from MACD and volume spikes would strengthen the bullish case.
- A stop-loss below $45 can be considered if the price gets rejected again at resistance.
- The stock is currently trading at $50.07, showing a -1.79% daily loss.
- The price is moving within an ascending channel (orange dotted lines), suggesting a long-term uptrend.
- A strong rebound since the April 2025 bottom stands out, with a 76.37% rise from lows.
🔍 Chart Patterns & Indicators
🟥 Resistance Zones and Price Targets
- The $55 range (pink zone) is acting as a strong resistance.
- A breakout above this zone may repeat the previous move upward ($23.84 gain / +41.97%), targeting the $80 level.
🔻 Reverse Head and Shoulders Recovery Pattern
- The sharp drop and rapid rebound formed a V-bottom, often signaling strong reversals and bullish momentum.
- This is reinforced by increasing higher lows since April.
📈 Ascending Channel
- The price is clearly respecting the ascending channel boundaries.
- The lower orange dotted line acts as dynamic support, while the upper line may - define the next ceiling near $95–100.
📊 MACD Indicator (Momentum)
- The MACD lines are about to cross upward in the positive region—an early bullish momentum signal.
- However, a yellow warning symbol indicates possible caution due to increased volatility or overbought conditions.
🎯 Strategy & Expectations
- The $50–55 area is a critical resistance zone to watch.
- A successful breakout above $55 could technically extend the move toward $80.
- Confirmation from MACD and volume spikes would strengthen the bullish case.
- A stop-loss below $45 can be considered if the price gets rejected again at resistance.
Anmerkung
This was more than just a typical pullbackIt initially broke above resistance and turned it into support.
But the pullback was so aggressive that it broke back below that support.
And now, we've broken that level yet again.
At this point, it’s clear that this zone no longer acts as reliable support. The market has shown that it can break through it from both directions, undermining its strength as a key level.
Anyway, our target is now under radar.
Trade geschlossen: Ziel wurde erreicht
Buy: 50Sell: 80
60% in four weeks.
Planning to trade it again soon.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.